Halliburton reports $35 million loss after ransomware attack

November 11, 2024 at 10:36AM Halliburton suffered $35 million in losses due to an August ransomware attack by the RansomHub gang, which disrupted IT systems and client services. Despite limited operational impact, data was stolen. The company reported minimal financial effects, with expectations for cash flow remaining intact but potential future legal costs looming. ### … Read more

Halliburton says ransomware attack led to $35 million in losses

November 11, 2024 at 10:28AM Halliburton faced a $35 million loss due to an August ransomware attack by the RansomHub gang, which led to IT shutdowns and customer disconnections. Despite the breach, the company anticipates limited financial impact, reporting only a minor effect on earnings. Ongoing investigations are examining the scope of stolen data. **Meeting … Read more

US oil giant Halliburton confirms cyberattack behind systems shutdown

August 23, 2024 at 12:03PM Halliburton, a major energy industry service provider, has verified a cyberattack, leading to the shutdown of some systems. Based on the meeting notes, it seems that Halliburton, a major provider of services to the energy industry, has experienced a cyberattack that resulted in the shutdown of some of its systems. … Read more

Saudi Arabia, UAE Top List of APT-Targeted Nations in the Middle East

March 28, 2024 at 02:02AM The government, manufacturing, and energy sectors are prime targets for advanced, persistent threat actors, who commonly use phishing attacks and remote exploits as their main methods. Based on the meeting notes, it’s clear that advanced, persistent threat actors are targeting the government, manufacturing, and the energy industry. The most common … Read more